Lamb Weston (NYSE: LW) grants RSUs and major option awards to president
Rhea-AI Filing Summary
Lamb Weston Holdings President, North America, Michael Christopher Crowley reported new equity awards in the company’s stock. On February 6, 2026, he received 13,680 shares of common stock as restricted stock units at $0 per share, bringing his directly held common stock to 25,099.7 shares, including shares added through dividend reinvestment. The RSUs vest 33%, 33% and 34% on February 16, 2027, February 15, 2028 and February 13, 2029, or earlier upon certain events, with each RSU converting into one share when settled.
He was also granted three blocks of employee stock options: 99,668 options with a $60 exercise price, 99,668 options at $75, and 85,430 options at $85, all at an option price of $0 on the grant date. These options become 100% exercisable on February 6, 2029 and expire on February 6, 2031, giving him the right to buy Lamb Weston common stock at set prices during that period.
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